Uber Technologies Inc reported lower-than-expected revenue for the second quarter on Thursday, sending shares down 12% as the largest U.S. ride-hailing company failed to show expected benefits of easing price competition.
Chipmaker Broadcom Inc is buying Symantec Corp’s enterprise security business for $10.7 billion in cash, the antivirus software maker said on Thursday.
U.S. stocks jumped on Thursday, giving the S&P 500 its biggest one-day percentage gain in about two months, as bond yields climbed a day after falling sharply while better-than-expected economic data in the United States and China helped to offset trade worries.
U.S. stocks jumped on Thursday, led by a more than 2% gain in technology shares, while better-than-expected economic data in the United States and China helped to offset worries about the trade war.
The operators of two new pipelines in West Texas shale fields are offering discounted prices to attract shippers accustomed to high fees to move oil to export hubs, according to the pipeline companies and federal filings.
A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent.
Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, coupled with a steadying of the yuan currency after a week of turmoil spurred by an escalation in U.S.-China trade tensions.
Barrick Gold Corp is looking to sell its Tongon gold mine in the Ivory Coast and is working with Bank of Nova Scotia to identify buyers, Bloomberg said https://www.bloomberg.com/news/articles/2019-08-08/barrick-said-to-weigh-sale-of-tongon-mine-amid-asset-disposals on Thursday.
Wall Street’s main indexes were sharply higher on Thursday as better-than-expected domestic and Chinese data as well as a firming yuan offered some relief to investors alarmed by a week of blow and counterblow between Beijing and Washington over trade.
A federal appeals court on Thursday rejected Facebook Inc’s effort to undo a class action lawsuit claiming that it illegally collected and stored biometric data for millions of users without their consent.
Last week’s announcement of more U.S. tariffs on Chinese goods may have undermined the prospects for small-cap stocks to rebound this year, even after a brief respite from the Federal Reserve’s recent interest-rate cut. Just a day after the Fed cut interest rates for the first time in more than a decade, President Donald Trump vowed on Aug. 1 to impose 10% tariffs on an additional $300 billion of Chinese goods beginning on Sept. 1.
Luxembourg’s privacy regulator has asked Amazon for information regarding its Alexa voice assistant, an indication of rising regulatory unease over companies’ use of personal data.
PG&E Corp shareholders are proposing raising $15 billion in equity to fund a planned reorganization of the power producer facing huge liabilities from California wildfires, according to a company filing on Thursday.
VANCOUVER, Washington, Aug. 08, 2019 — CytoDyn Inc. (otc.qb:CYDY), (“CytoDyn” or the “Company”), a late stage biotechnology company developing leronlimab (PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the […]
The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing.
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